HR 1664 · 119th Congress · Commerce
Deploying American Blockchains Act of 2025
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate.(2025-06-24)
Plain Language Summary
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Deploying American Blockchains Act of 2025 This bill requires the Department of Commerce to support the leadership of the United States in the use of blockchain technology and other distributed ledger technology, tokens, and tokenization. Generally, blockchain technology is a distributed digital ledger that uses cryptography to share verified information across a network of computers. Tokens refer to the transferrable, digital representation of information recorded on blockchain technology and tokenization is the process of creating a token. Specifically, Commerce must advise the President on policies related to the deployment and use of blockchain technology and other distributed ledger technology, applications built on blockchain technology or other distributed ledger technology, tokens, and tokenization. Commerce also must establish advisory committees to support the adoption of blockchain technology to facilitate the development of best practices with respect to blockchain technology, applications built on blockchain technology, tokens, and tokenization. Commerce must report annually on the activities under this bill and provide any recommendations for additional legislati…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 1664, Deploying American Blockchains Act of 2025,
Jun 27, 2025As reported by the House Committee on Energy and Commerce on April 24, 2025
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office